The UK is pausing the development of the #SingleTradeWindow, a digital border service that would have streamlined data relating to cross-border trade.
James Murray, the Exchequer Secretary to the Treasury, made a written statement to the House today (5 November) to confirm that the delivery of the new system will be paused in 2025 and 2026.
Single Trade Windows (STW) is the leading border modernization tool around the world and there are many successful examples. It is important to note that the experience from best practice examples is that the most important elements to do business process re-engineering (BPR) creating integrated and coordinated border management of trade flows. It is not about technology per say, but a client driven trade facilitation vhange management effort.
The decision this week means that it will be even more important for UK to speed up the work woth Digital Trade Corridors.
For lämore information: GOV UK
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